International Society of Transport Aircraft Trading
Encyclopedia
The International Society of Transport Aircraft Trading (abbreviated ISTAT) is a non-profit aviation
Aviation
Aviation is the design, development, production, operation, and use of aircraft, especially heavier-than-air aircraft. Aviation is derived from avis, the Latin word for bird.-History:...

 industry association. Founded in 1983, ISTAT is dedicated to fostering and promoting interest and educational opportunities in commercial aviation
Civil aviation
Civil aviation is one of two major categories of flying, representing all non-military aviation, both private and commercial. Most of the countries in the world are members of the International Civil Aviation Organization and work together to establish common standards and recommended practices...

, while also providing a forum for networking
Business networking
Business networking is a socioeconomic activity by which groups of like-minded businesspeople recognize, create, or act upon business opportunities. A business network is a type of social network whose reason for existing is business activity...

 among those involved in the industry.

ISTAT Membership

ISTAT currently has more than 1700 members worldwide involved in operating, manufacturing, maintaining, selling, purchasing, financing, leasing, appraising, insuring or otherwise engaging in activities related to commercial transport category
Transport category
Transport category is a category of airworthiness applicable to large civil airplanes and large civil helicopters. Any aircraft's airworthiness category is shown on its airworthiness certificate...

 aircraft.
ISTAT is governed by its bylaws and the volunteer ISTAT Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

, which is composed of and elected by the members.

ISTAT Foundation

The ISTAT Foundation fosters interest in, creates opportunities for, and provides assistance through the global aviation community by offering scholarships, grants, internships and humanitarian aid
Humanitarian aid
Humanitarian aid is material or logistical assistance provided for humanitarian purposes, typically in response to humanitarian crises including natural disaster and man-made disaster. The primary objective of humanitarian aid is to save lives, alleviate suffering, and maintain human dignity...

 worldwide.

The Foundation awards more than $250,000 in scholarship
Scholarship
A scholarship is an award of financial aid for a student to further education. Scholarships are awarded on various criteria usually reflecting the values and purposes of the donor or founder of the award.-Types:...

s, grants and humanitarian efforts annually to worthy recipients around the world. Grants are awarded to institutions involved in both elementary and higher education
Higher education
Higher, post-secondary, tertiary, or third level education refers to the stage of learning that occurs at universities, academies, colleges, seminaries, and institutes of technology...

 as well as to humanitarian organizations. Scholarships have been presented to students on an international stage with recipients from the U.S., U.K., Turkey, The Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

, China, Germany, Australia, and Kenya. The Foundation’s most recently established internship program matches aviation-focused college students to internship positions open at ISTAT member companies.

ISTAT Certified Appraisers’ Program

ISTAT has established rigorous testing and qualification standards for members who are engaged in appraising aircraft and support equipment. Within ISTAT is a core group of professional aircraft appraisers who work cooperatively for the elevation of the appraisal profession within the world aviation community. Each ISTAT member, who has satisfactorily demonstrated that he or she is qualified to appraise airline transport aircraft
Cargo aircraft
A cargo aircraft is a fixed-wing aircraft designed or converted for the carriage of goods, rather than passengers. They are usually devoid of passenger amenities, and generally feature one or more large doors for the loading and unloading of cargo...

, has been granted the right to use one of the ISTAT professional designations, established by ISTAT and predicated upon a set group of criteria.

ISTAT Events

Annual U.S. Conference

Each spring, the aviation industry comes together at the ISTAT Annual U.S. Conference, where delegates gain access to key insights from the leaders and influential members of the aviation industry. The 2010 Annual Conference will be held March 14–16 in Orlando, Florida
Orlando, Florida
Orlando is a city in the central region of the U.S. state of Florida. It is the county seat of Orange County, and the center of the Greater Orlando metropolitan area. According to the 2010 US Census, the city had a population of 238,300, making Orlando the 79th largest city in the United States...

.

Annual European Conference

The ISTAT European Conference provides a more intimate gathering of aviation professionals each autumn, set at different European locations. The 2009 European Conference will be held October 11–13 in Dubrovnik, Croatia
Dubrovnik
Dubrovnik is a Croatian city on the Adriatic Sea coast, positioned at the terminal end of the Isthmus of Dubrovnik. It is one of the most prominent tourist destinations on the Adriatic, a seaport and the centre of Dubrovnik-Neretva county. Its total population is 42,641...

.

Air Show Receptions

Annually, ISTAT hosts receptions at selected air show
Air show
An air show is an event at which aviators display their flying skills and the capabilities of their aircraft to spectators in aerobatics. Air shows without aerobatic displays, having only aircraft displayed parked on the ground, are called "static air shows"....

s, which take place at distinctive venues around the globe, including Dubai, Singapore, Farnborough, and Paris.
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